The landscape for crypto neobanks has changed rapidly in 2024, with a select group of digital banks now competing to offer the highest cashback, most competitive yields, and the best hybrid banking experiences for global crypto users. These platforms are not just riding the wave of digital asset adoption – they are actively shaping how individuals and businesses interact with both fiat and cryptocurrencies on a daily basis. In this guide, we break down the top 12 crypto neobanks that stand out for their rewards, self-custody options, and user-centric features.
What Sets the Best Crypto Neobanks Apart in 2024?
Not all digital banks are created equal. The best crypto neobanks in 2024 combine robust security frameworks with high-yield savings accounts and real-time spending rewards. What really matters is how these platforms balance ease of use with advanced features like decentralized custody or instant conversion between fiat and crypto.
Here’s what you should look for when comparing crypto neobanks:
- High Cashback Rates: Some cards offer up to 8% back on everyday purchases – but terms vary widely.
- Competitive Yields: Flexible or fixed-term yields on stablecoins or BTC can reach double digits at top-tier neobanks.
- User Experience: Seamless apps with multi-currency support make a difference for global users.
- Self-Custody and Security: Options for non-custodial wallets or insurance-backed deposits are increasingly common.
The Top 12 Crypto Neobanks for Cashback and Yield
This year’s leaders reflect a mix of established fintech giants and new players pushing boundaries. Below is an overview of each bank’s unique value proposition as it relates to cashback rewards and yield opportunities:
Top 12 Crypto Neobanks for Cashback & Yield (2024)
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Revolut is a leading global neobank offering in-app crypto trading, instant spending, and competitive cashback on select card tiers. Its user-friendly interface and support for multiple fiat and crypto assets make it a top choice for digital banking.
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Wirex provides seamless crypto and fiat integration, with up to 8% crypto cashback on card purchases. Its multi-currency accounts and instant conversion features cater to both everyday users and crypto enthusiasts.
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Juno is a US-based neobank enabling direct deposit in both USD and crypto, with up to 5% cashback on select card transactions. It offers native crypto yield accounts and supports self-custody wallets.
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Monzo is a UK digital bank known for its intuitive app and transparent fees. While primarily focused on fiat, it is increasingly integrating crypto-friendly features for seamless digital asset management.
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Nexo stands out for high-yield savings on crypto and fiat, with up to 14% annual interest and instant daily payouts. Its card allows users to spend crypto while earning up to 2% cashback in NEXO tokens.
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Cash App offers Bitcoin buying, selling, and transfers alongside traditional banking features. Its debit card provides instant rewards and Bitcoin boosts for eligible purchases, appealing to US-based crypto users.
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Mercury is a US neobank tailored for startups, supporting seamless banking for crypto businesses. It offers robust APIs, global payments, and compliance tools, making it a popular choice for web3 companies.
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Bitwala (now Nuri) was one of the first European neobanks to combine crypto and fiat accounts. Users could earn yield on Bitcoin and Ether, with integrated wallets and a Visa debit card. (Note: Nuri ceased operations in 2022, but its legacy remains significant in the sector.)
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Hi.com is a web3 neobank offering daily crypto rewards, high-yield staking, and a Mastercard debit card. Its gamified ecosystem and social features attract a global audience seeking innovative digital finance.
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Crypto.com delivers a wide range of crypto services, including up to 8% cashback on its Visa cards (with CRO staking). The platform also offers high-yield savings, trading, and exclusive lifestyle perks.
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Ziglu is a UK-based neobank enabling instant crypto and fiat payments, with competitive yields and low fees. Its user-centric app supports easy asset management and spending.
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Fiat Republic bridges traditional banking rails with crypto platforms, offering compliant accounts and payments infrastructure for web3 businesses. Its focus on regulatory-grade services supports the growth of crypto-friendly banking.
Revolut: The All-Rounder for Global Users
Revolut continues to set the pace among multi-asset digital banks. Its app supports direct buying and selling of cryptocurrencies alongside over two dozen fiat currencies. Revolut’s metal card offers up to 1% cashback on international spending (in either fiat or crypto), while premium tiers unlock higher ATM limits and additional perks. Although its yield offerings aren’t as aggressive as some DeFi-native competitors yet – expect more innovation here as user demand grows.
Wirex: Leading in Crypto Cashback Innovation
Wirex, one of the earliest movers in this space, stands out for its instant crypto cashback model. Users earn up to 8% back in WXT tokens on every transaction made with their Wirex Visa card – no monthly fees required. Wirex also lets you hold multiple currencies (including BTC and ETH) within one account and swap between them at interbank rates. For those prioritizing frictionless rewards on daily spending plus access to high-yield DeFi savings pools via X-Accounts (up to double-digit APY), Wirex remains a top contender.
Juno: US-Focused High-Yield Hybrid
Juno, tailored primarily for U. S. -based users but expanding globally fast, merges traditional checking functionality with direct-to-wallet USDC rewards. Its flagship feature is up to 5% cashback at select merchants when using their debit card – paid out in either USD or your choice of supported cryptocurrencies. Juno also offers high-yield savings accounts where users can earn competitive interest rates on both fiat balances and stablecoins without lockups.
Nexo: High-Yield Savings Meets Instant Liquidity
If maximizing yield is your priority rather than everyday spending rewards alone, Nexo‘s platform deserves attention. Nexo provides variable interest rates up to 14% APY across stablecoins like USDT/USDC as well as select major cryptocurrencies – paid out daily without minimum deposit requirements. Their loyalty program boosts rates further based on your NEXO token holdings. While Nexo’s debit card offers lower base cashback than some rivals (starting around 0.5%), it compensates with instant credit lines backed by your digital assets plus integrated insurance coverage for peace of mind.
Cash App: Mainstream Simplicity with Bitcoin Rewards
Cash App has cemented itself as a bridge between traditional banking and the crypto world for millions of users in the U. S. While not offering the highest yields, its instant Bitcoin rewards on card purchases are a key differentiator. Users earn up to 5% back in BTC at select retailers via “Boosts, ” which rotate regularly. The app’s straightforward interface, instant cash-to-crypto conversion, and direct deposit features make it a strong choice for those seeking simplicity without sacrificing access to digital assets.
Mercury: Business Banking with Crypto Flexibility
For startups and small businesses, Mercury offers an elegant solution: seamless business checking accounts with optional crypto integrations. While Mercury itself doesn’t provide direct cashback or yield on crypto holdings, it partners with third-party providers to enable high-yield stablecoin accounts and crypto treasury management tools. Its API-first approach makes Mercury attractive for tech-forward companies that want to automate payments or payroll in both fiat and digital currencies.
Bitwala (Nuri): European Pioneer for Integrated Banking and Crypto
Previously known as Bitwala, Nuri remains a favorite among European users looking to blend everyday banking with crypto investing. Nuri offers interest-bearing Bitcoin and Ethereum accounts (with yields up to 5% APY) alongside standard EUR IBAN banking features. Its debit card supports real-time crypto-to-fiat conversions at point of sale, though cashback rates are modest compared to Wirex or Crypto. com.
Hi. com: Gamified Rewards and Flexible Yield Options
Hi. com targets a younger, mobile-first audience with gamified daily rewards and flexible yield strategies on stablecoins and major cryptocurrencies. Cashback rates can reach 10% for premium members, paid out in HI tokens, while flexible savings products offer competitive APYs without lockups. The app’s social features, including group savings challenges, set it apart for community-minded users.
Crypto. com: Top-Tier Cashback and Perks, For the Committed
No discussion of crypto neobank cards is complete without Crypto. com. Its Visa card lineup is famous for offering up to 8% cashback (in CRO tokens) on spending, but only if you’re willing to stake a significant amount of CRO for six months or more. Lower tiers still provide solid rewards (1-2%) plus extras like free Spotify/Netflix subscriptions and airport lounge access. The platform’s Earn program delivers competitive yields on dozens of assets; just note that rates fluctuate based on staking commitment and market conditions.
Ziglu: UK-Focused Simplicity with Decent Yields
Aimed at UK residents, Ziglu streamlines multi-currency banking with instant GBP-to-crypto swaps and transparent fees. Users can earn up to 5% APY on GBP balances held within the app, higher than most traditional banks offer, while also enjoying fee-free spending abroad via their Mastercard debit card. Ziglu’s focus is simplicity over bells-and-whistles; it’s designed for those who want reliable access to both fiat and digital assets without complexity.
Fiat Republic: Banking Rails for Web3 Startups and Platforms
Fiat Republic isn’t a retail neobank but rather an infrastructure provider powering fiat-crypto services behind the scenes for many leading platforms. For end-users, this translates into faster settlements between bank accounts and digital wallets plus lower friction when moving between fiat currencies and stablecoins across borders, especially valuable for DeFi apps or exchanges building out global user bases.
The Bottom Line: Choosing the Right Crypto Neobank in 2024
The best choice depends entirely on your priorities:
- If you want maximum cashback rewards, Wirex or Crypto. com take the lead (provided you’re comfortable with token staking).
- If high-yield savings on stablecoins or BTC matter most, Nexo or Juno are hard to beat.
- If you value simplicity and mainstream usability, Cash App or Monzo offer an easy entry point into crypto banking.
- If you’re running a business or startup, Mercury’s API-driven platform stands out.
- Younger users seeking social engagement may gravitate toward Hi. com’s gamified approach.
- Ziglu is ideal if you’re UK-based and want no-nonsense access to both fiat yields and crypto markets.
- If you’re building Web3 products yourself, Fiat Republic provides essential rails rather than consumer-facing tools.
No single platform dominates every category; instead, each excels in specific niches based on user needs. Always review current terms carefully, especially as reward structures can change quickly in this sector, and consider how much risk you’re willing to take when staking tokens for higher returns versus prioritizing liquidity or security.
The world of high-cashback, high-yield crypto neobanks is evolving fast. Whether you’re chasing rewards, optimizing your savings returns, or simply looking for more flexibility than legacy banks can offer, there’s never been more choice, but also never more need to compare options wisely before committing your capital.
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